For the U.S, financially, things are looking bleak

[Pepino]

I wouldn't put my money on that, Santa. Maybe if inflation figures get better in the U.S. the perspectives of a strong € materializes. Meanwhile, I would be happy with a mild impact of U.S. slowdown in Euroland economy, and with my some €32.5/month to be your target  

OTOH, how nice it would be that Euro economists hit it in the nail and we have a 1.3-1.5 €/$ ...can you say a 2001 Z06 'Vette for €36,900-32.300? Then you could be really flying lo. SLUUUURRPPP!

Cheers,

Pepe.

[mrfish]

 

Originally posted by Eagler:
sorry to hear that mrfish
gl
Eagler

thanks eagler, appreciate it- i was offered a full time position (me and about 15 others of 350) so i will be ok - many of those not cut immediately were only offered transitional roles until the new co.that bought us gets settled - what burns me (among other things) is that many people who won't bounce back so easily are now out there competing in a dwindling job market.

i work for one of those tech companies whose brilliant ivy league mba's decided that losing 90 million dollars a year was a super-cool cutting edge idea.

they, like every other co. in this industry brought in a bunch of overpaid cell-phone toting, sidewalk posing, buzz-word spewing, 'friends' clones to sit around and make manicure appointments and wear bright clothing because it was the industry trend.

whatever happened to moderate sustained growth over this 'all or nothin' lose money approach?

the people on top are pulling their golden ripcords and counting their multi-million dollar severence packages "oh well, that approach didn't work - what will we try next .....hmmm" and many others (real people)are filling out unemployment paperwork and wondering how to pay the rent.

way to go corporate america - maybe the next economic experiment should come out of the executives pockets if it doesnt work -

end of rant-

[TheWobble]

mr. Fish is right, Back when I had first started my Cisco and A+ stuff and was almost done with my degree.  There was so much demand it was silly.  2 weeks after I completed my final tests giving me my Degree and Certification A company called me asking me if I would like to work for them and asking what I wanted.  Now people with more education than me and more experence are having a hard time finding even a decent job.

[Mk10 225th]

"that's what happens when you have a bunch of tree huggers running the country for the last eight years....a lot of good the ecology does you when you are pedaling your arse off the get back to your candle lit home
the wallstreet boys still win, they just short everything.

Eagler"

Oh me...Eagler, you always bring a smile to my face.  Don't you ever change...not one little bit!

mr.fish, glad to hear you're okay, bud.

Mk

[mrfish]

Thanks MK10

 - i seriously suggest everyone start saving at any rate -

- if you take total value of the companies out there and divide it by the amount of shares outstanding - it shows that the prices of their stocks are still inflated by a long shot  - nowhere near 1999 standards but still off by a big margin - without profit histories the market is due for a further downward correction -people aren't investing on faith and gimmick anymore -

just my opinion anyway(which is about as good as any monkey who can spell when it comes to the market), but the first  place they cut cost tends to be in employees - it is good to be ready